OCFC FY 2024 Earnings — OceanFirst Financial Corp. Revenue & Financial Results | Market Cap Arena

OCFCOceanFirst Financial Corp.

$1B

FY 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$688M+8.0% YoY

Gross Profit

$372M54.1% margin

Operating Income

$131M19.0% margin

Net Income

$100M14.5% margin

EPS (Diluted)

$1.65

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$85M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$13.4B

Total Liabilities

$11.7B

Stockholders' Equity

$1.7B

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$688M	$637M	+8.0%
Gross Profit	$372M	$381M	-2.3%
Operating Income	$131M	$137M	-4.5%
Net Income	$100M	$104M	-3.8%